Taranis Resources Inc. announces closing of Private Placement
FOR IMMEDIATE RELEASE
Taranis Resources Inc.
14247 West Iliff Avenue
Lakewood, Colorado
80228-5421
www.taranisresources.com
Taranis Resources Inc. announces closing of Private Placement
Lakewood, Colorado, March 8, 2017 – Taranis Resources Inc. ( “Taranis”) [TSX.V: TRO ]
[OTCQB: TNREF] announces that it has closed the private placement originally announced on
February 27, 2017. The closing consisted of the issuance of 1,000,000 units at a price of $0.10
per unit, each unit consisting of one common share and one share purchase warrant, with each
warrant entitling the holder to purchase one additional common share at a price of $0.15 until
March 7, 2019. All of the securities issued pursuant to the private placement, including any
shares that may be issued pursuant to the exercise of the share purchase warrants, are subject to a
hold period in Canada until July 8, 2017.
About Taranis Resources Inc.
Taranis is an exploration company focused on the development of its 100%-owned Thor project
in southeast British Columbia. The company’s mandate is to recognize mineral deposits early in
the exploration cycle that can be developed through intelligent exploration and business
alliances. For additional information on Taranis or its Thor project, please visit our website at
www.taranisresources.com.
Taranis currentl y has 55,451,716 shares issued and outstanding ( 64,151,716 shares on a fully -
diluted basis).
The securities referred to in this news release have not been, nor will they be, registered under
the United States Securities Act of 1933, as amended, and may no t be offered or sold within the
United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an
applicable exemption from the U.S. registration requirements. This news release does not
constitute an offer for sale of sec urities for sale, nor a solicitation for offers to buy any
securities. Any public offering of securities in the United States must be made by means of a
prospectus containing detailed information about the company and management, as well as
financial statements.
TARANIS RESOURCES INC.
Per: John J. Gardiner (P. Geol.),
President and CEO
For further information contact:
John J. Gardiner
14247 West Iliff Avenue
Lakewood, Colorado
Phone: (303) 716-5922
Cell: (720) 209-3049
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DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE
ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
This News Release may contain forward looking statements based on assumptions and judgments of management
regarding future events or results that may prove to be inaccurate as a result of factors beyond its control, a nd
actual results may differ materially from expected results.